ON > Kitchener
Kitchener, ON N2H 4E1,199 Ahrens Street W
See all 19 photos
Kitchener, ON N2H 4E1,199 Ahrens Street W
Kitchener, ON N2H 4E1,199 Ahrens Street W
Kitchener, ON N2H 4E1,199 Ahrens Street W
Kitchener, ON N2H 4E1,199 Ahrens Street W
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Janice Carter

Janice Carter

+1(289) 969-1147
Listed by Terry Riddoch • RE/MAX REAL ESTATE CENTRE INC.
$ 3,595,000
Est. payment /mo
Save Virtual Tour
Price Dropped by $200K

199 Ahrens Street W Kitchener, ON N2H 4E1

29 Beds

18 Baths

11,309 SqFt

UPDATED:

11/14/2024 01:21 PM

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,309 sqft

Price per Sqft $317

MLS Listing ID 40640163

Bedrooms 29

Abv Grd Liv Area 11,309

Originating Board Waterloo Region

Annual Tax Amount $35,172

Property Description

Prime investment opportunity with this very well maintained 16-unit apartment building, ideally situated on a 0.436-acre lot in a peaceful residential neighborhood. This purpose-built complex features a diverse unit mix, including three spacious 3-bedroom/1-bath units, twelve 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. The property presents substantial potential for revenue growth. Investors can capitalize on additional income streams through the introduction of parking fees, utility recapture, and rent increases upon unit turnover. Moreover, building permits are pending to add four net new units by reconfiguring the lower level’s three bed, one bed, laundry and storage room into eight one bed units, significantly boosting rental income. Six of the units have already undergone complete renovations, featuring modern upgrades such as new flooring, kitchens, bathrooms, breaker panels, and the addition of dishwashers and in-suite laundry.

Location

Province ON

County Waterloo

Area 2 - Kitchener East

Zoning R5

Direction North on Ahrens from Wilhelm

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Natural Gas, Radiant

Cooling None

Fireplace No

Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry Coin Operated

Exterior

Waterfront No

Roof Type Flat

Lot Frontage 70.18

Lot Depth 229.0

Garage No

Building

Lot Description City Lot, Public Transit, Schools, Shopping Nearby

Faces North on Ahrens from Wilhelm

Story 3

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 223250142

Ownership Freehold/None

Copyright 2024 Information Technology Systems Ontario, Inc.
Filters Reset
Kitchens
Price
Reset

Days On Site
Advanced
Less Than
Days
Bedroom Plus
Beds
Baths
Unit Level

Monthly HOA Fee
Exterior Stories
Num of Units
Acres
Unit Floor Number
Main Level Bedrooms
Num Of Pets
Maintenance
Lot Front
Keyword
Price per Sqft
Tax Amount
Stories
Full Bathrooms
Half Bathrooms
Condo Fee
Lot Depth
Year Built
Maintenance Fee
Assessed Value

Fireplace Number

Carport Spaces
Parking Space
Garage Space

Price Reduced
Virtual Tour
3D Tour
Has Picture
New
Hot
Open House
Save Search
95.9K Properties

10,000+ Properties Available

Connect with us.

Janice Carter

+1(289) 969-1147

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

199 Ahrens Street W